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Dec 7, 2012
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what has the city of chicago be doing? >> rahm emanuel took on the teacher's union. >> he got rolled. and they've been selling assets. it's been asset sales, parking contract, not dealing with the underlying spending problems. so house republicans are determined to deal with this debt question. so when boehner comes out and gives his talk right after the election -- >> but honestly, the administration has criticized the republicans because there are no specifics in the spending cuts. >> come on, look. the erskine bowles language -- you know how this works. house republicans are will -- >> give me one. >> i won't play that game and here's why. house republicans -- house republicans are willing to sit . house republicans are willing to sit down. they're not any more anxious to deal with the cuts and pass the cuts than anybody else is but we demonstrated through the ryan budget, we did it once, we did it twice -- >> i'll give you that point. i wish everybody would stop talking about this in public and get behind closed doors
what has the city of chicago be doing? >> rahm emanuel took on the teacher's union. >> he got rolled. and they've been selling assets. it's been asset sales, parking contract, not dealing with the underlying spending problems. so house republicans are determined to deal with this debt question. so when boehner comes out and gives his talk right after the election -- >> but honestly, the administration has criticized the republicans because there are no specifics in the...
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Dec 6, 2012
12/12
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citi's news lifting the banking sectoroff all. "wall street journal" suggests the new ceo still needs to set the a new path for the bank to follow and argues corbat is unlikely to get anything close to 100% approval rating especially if he chooses to postpone returning money to shareholders. >> there was a lot of different cross currents from what people were hearing yesterday in washington. market well above 100. >> ended up 85 for the day. >> i guess the demise of john boehner as speaker was greatly exaggerated. did you see this "new york times" piece? more support for boehner now than anytime in his speaker ship. is that's setting up for -- >> but it is social media and twitter allows to you see these things. >> sausage factory into the front of the kitchen. >> exactly. >> geithner didn't use the word marginal rates had to go up, just said rates. >> rates are already going up. there will be a tax increase to people making more than 250 anyway because of the health care law. so the idea that somehow they will get a freebie is ju
citi's news lifting the banking sectoroff all. "wall street journal" suggests the new ceo still needs to set the a new path for the bank to follow and argues corbat is unlikely to get anything close to 100% approval rating especially if he chooses to postpone returning money to shareholders. >> there was a lot of different cross currents from what people were hearing yesterday in washington. market well above 100. >> ended up 85 for the day. >> i guess the demise of...
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Dec 17, 2012
12/12
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in our society. >>> and earlier in the day, new york city mayor michael bloomberg called on the president to lead the nation on the issue of gun control. >> it's time for the president, i think, to stand up and lead and tell this country what we should do. not go to congress and say, what you guys want to do. this should be his number one agenda. he's the president of the united states. and if he does nothing during his second term, something like 48,000 americans will be killed with illegal guns. that is roughly the number of americans killed in the whole vietnam war. so let's get to cnbc's washington correspondent john harwood to talk about how washington will handle the gun control issue. i guess that's what we'll talk about this time. we have a lot to talk to you about involving washington. i guess the lead, obviously, we would be talking about boehner, too, at some point, john. do you have comments on the gun control issue? >> well, i think you saw in the president's address last night, a politician who had been deeply impacted by what happened, like the entire country has been impac
in our society. >>> and earlier in the day, new york city mayor michael bloomberg called on the president to lead the nation on the issue of gun control. >> it's time for the president, i think, to stand up and lead and tell this country what we should do. not go to congress and say, what you guys want to do. this should be his number one agenda. he's the president of the united states. and if he does nothing during his second term, something like 48,000 americans will be killed...
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Dec 12, 2012
12/12
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the biggest inequality in the united states is inner city education. half the kids in inner schools do high school. many of those kids are minority. it's wrong. it's unfair. it kills opportunity. we all want an equitable society. what makes it equitable? you can do it the way cuba tried. okay. well, then it will be equitable but it won't be much. i don't see people saying i want inequity. we want to lift society up so everyone's better off. that does not mean people don't have to pay people what they're competitively worth. if you don't want a free society, then start dictating what compensation can be. >> this conference is called opportunities for tomorrow. i want to get your sense in terms of where you think, in this country at least, and maybe globally, the next rate opportunity is, if you will. from an investing perspective. >> i've been around in asia and hong kong and japan recently and chile and brazil. you know what the most blinding thing is? you know who's got the best opportunity in the world? right here. best universities, best businesses,
the biggest inequality in the united states is inner city education. half the kids in inner schools do high school. many of those kids are minority. it's wrong. it's unfair. it kills opportunity. we all want an equitable society. what makes it equitable? you can do it the way cuba tried. okay. well, then it will be equitable but it won't be much. i don't see people saying i want inequity. we want to lift society up so everyone's better off. that does not mean people don't have to pay people...
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Dec 26, 2012
12/12
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eastern for up-to-the-minute coverage for the fiscal cliff talks. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. executor of efficiency. you can spot an amateur from a mile away... while going shoeless and metal-free in seconds. and you...rent from national. because only national lets you choose any car in the aisle...and go. you can even take a full-size or above, and still pay the mid-size price. now this...will work. [ male announcer ] just like you, business pro. just like you. go national. go like a pro. you can stay in and like something... or you can get out there and actually like something. the lexus december to remember sales event is on. this is the pur
eastern for up-to-the-minute coverage for the fiscal cliff talks. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind....
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Dec 13, 2012
12/12
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i had a lunch. >> it was in the city. >> no. >> you were so close, you came across the bridge? >> i also had to meet with my style team. >> okay. >> my style is lacking, apparently. >> another historic night at madison square garden and the 12-12-12 concert brought relief for hurricane sandy. the sold-out show lasted nearly six hours and was said to have reached an audience of two billion, with a b, people around the world. it was broadcast over tv, radio, internet, quite a night if you were lucky enough to have a ticket. i was actually at another charity dinner where they auctioned off tickets to this event with a car waiting outside and some very generous person spend $19,000 and bought the tickets. >> not that much. >> 19 you think is not? >> i thought there were tickets earlier that were going for more than that, also. >> it was an extraordinary concert for an extraordinary situation. and -- >> it will be interesting to see how much money -- >> we'll probably find out soon enough how much money was raised. >> 12-12-12. and we're all still here. >> someone told me at 12:-12-
i had a lunch. >> it was in the city. >> no. >> you were so close, you came across the bridge? >> i also had to meet with my style team. >> okay. >> my style is lacking, apparently. >> another historic night at madison square garden and the 12-12-12 concert brought relief for hurricane sandy. the sold-out show lasted nearly six hours and was said to have reached an audience of two billion, with a b, people around the world. it was broadcast over tv,...
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Dec 18, 2012
12/12
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you know, every -- almost every day in inner city neighborhoods, a child gets shot. and it doesn't make the news. that's in every one of those neighborhoods. we never talk about it. i think this is bringing it to our attention because it's neighborhoods like we live in, right? and that bothers me that suddenly society becomes gripped when you have a much bigger ongoing tragedy. i think that says something about our mentality. and you know, i actually think that's why we have a constitution. because, it's when you have tragedies, and when emotion is running high, that you actually need a break to step back from the emotion and think about what's going on. >> wait a second. some of the things that have been proposed have been simply bringing back a ban on assault rifles that was brought here in 1994. >> which the justice department studied and found it was ineffective. you know, sure if we want to do it, that's fine. it passed the constitutional test. but, i don't think that is going to solve our problem. >> it may not solve the problem. it may not have stopped this si
you know, every -- almost every day in inner city neighborhoods, a child gets shot. and it doesn't make the news. that's in every one of those neighborhoods. we never talk about it. i think this is bringing it to our attention because it's neighborhoods like we live in, right? and that bothers me that suddenly society becomes gripped when you have a much bigger ongoing tragedy. i think that says something about our mentality. and you know, i actually think that's why we have a constitution....
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Dec 10, 2012
12/12
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around dallas, it is moving into the city. a quit hit of snow around the early community time, so folks have to be careful on the roads there. back to you. >> that's a little weird in dallas. what about -- bring it down, bring it down to colorado. can you -- is that expected, snow there? i mean, this is a good sign, right, 8 or 9 inches this early in minnesota? is that a good sign, eric? >> it is a good sign. it was the fourth biggest december storm on record in minneapolis and then in colorado yesterday. they got over a foot of snow? >> what did? >> ski areas, they are finally seeing a little bit of good news. >> that is good. that is good. all right. and it's headed here. all right. excellent. at least the cold weather. you know, rain, raw days, 38 degrees. >> this time of year, i'm happy about that. >> i'd rather have snow. >> 48 degrees with the horrible rain, it chill tess bone. >> but the snow comes in early in the morning. >> my backyard, three dogs and a muddy backyard. today is expected to be the busiest day for shipp
around dallas, it is moving into the city. a quit hit of snow around the early community time, so folks have to be careful on the roads there. back to you. >> that's a little weird in dallas. what about -- bring it down, bring it down to colorado. can you -- is that expected, snow there? i mean, this is a good sign, right, 8 or 9 inches this early in minnesota? is that a good sign, eric? >> it is a good sign. it was the fourth biggest december storm on record in minneapolis and then...
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Dec 14, 2012
12/12
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its his legacy going forward, and then we leave the table and we're still friends. so, can i sell it to you? i can't sell it with passion. but i will say that this is action in a city called washington, or sometimes in texas we call it washington-stand where people never get anything done or don't appear to be easily able to get things done. we do get things done. we make a decision and we proceed. >> i think that's one thing you can say about the fomc and this leader's chairmanship. we're going in new direction. the question is, is the efficacy of what we're doing solid or not? we'll continue to examine that. and if it's not, we're going to have to change course. it's the best i can tell you, joe. >> i understand. i understand. and you're a reasonable, calm, conciliatory, collegial, the fed is very collegial. but i would -- >> that's right. >> -- at some point wonder whether you might just snap? because you've been on in the past, with much less significant, and much less -- much smaller actions were being taken that really raised your eyebrows, and i -- that we kn
its his legacy going forward, and then we leave the table and we're still friends. so, can i sell it to you? i can't sell it with passion. but i will say that this is action in a city called washington, or sometimes in texas we call it washington-stand where people never get anything done or don't appear to be easily able to get things done. we do get things done. we make a decision and we proceed. >> i think that's one thing you can say about the fomc and this leader's chairmanship....